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安波福（APTV）与SEABOARD CORP（SEB）财务数据对比。点击上方公司名可切换其他公司
安波福的季度营收约是SEABOARD CORP的2.1倍（$5.2B vs $2.4B）。SEABOARD CORP净利率更高（10.6% vs 2.7%，领先7.9%）。安波福同比增速更快（5.0% vs -2.9%）。安波福自由现金流更多（$651.0M vs $53.0M）。过去两年SEABOARD CORP的营收复合增速更高（4.9% vs 2.5%）
安波福（Aptiv）是源自美国的全球知名汽车技术供应商，总部设于瑞士沙夫豪森。其前身是通用汽车旗下的零部件业务板块，后独立为德尔福汽车系统，经业务拆分重组后正式成立安波福，服务全球各大整车制造企业。
Seaboard Corporation是一家多元化跨国农业综合及运输集团，业务覆盖多个垂直整合领域。美国本土核心业务包括生猪养殖加工与远洋运输，海外板块主营大宗商品贸易、谷物加工、食糖生产及发电，总部位于堪萨斯州梅里亚姆。
APTV vs SEB — 直观对比
营收规模更大
APTV
是对方的2.1倍
$2.4B
营收增速更快
APTV
高出7.9%
-2.9%
净利率更高
SEB
高出7.9%
2.7%
自由现金流更多
APTV
多$598.0M
$53.0M
两年增速更快
SEB
近两年复合增速
2.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $5.2B | $2.4B |
| 净利润 | $138.0M | $255.0M |
| 毛利率 | 18.7% | 7.9% |
| 营业利润率 | 8.2% | 2.7% |
| 净利率 | 2.7% | 10.6% |
| 营收同比 | 5.0% | -2.9% |
| 净利润同比 | -48.5% | 63.5% |
| 每股收益（稀释后） | $0.63 | $262.58 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收APTVSEB
| Q4 25 | $5.2B | $2.4B | ||
| Q3 25 | $5.2B | $2.5B | ||
| Q2 25 | $5.2B | $2.5B | ||
| Q1 25 | $4.8B | $2.3B | ||
| Q4 24 | $4.9B | $2.5B | ||
| Q3 24 | $4.9B | $2.2B | ||
| Q2 24 | $5.1B | $2.2B | ||
| Q1 24 | $4.9B | $2.2B |
净利润APTVSEB
| Q4 25 | $138.0M | $255.0M | ||
| Q3 25 | $-355.0M | $110.0M | ||
| Q2 25 | $393.0M | $104.0M | ||
| Q1 25 | $-11.0M | $32.0M | ||
| Q4 24 | $268.0M | $156.0M | ||
| Q3 24 | $363.0M | $-149.0M | ||
| Q2 24 | $938.0M | $61.0M | ||
| Q1 24 | $218.0M | $22.0M |
毛利率APTVSEB
| Q4 25 | 18.7% | 7.9% | ||
| Q3 25 | 19.5% | 7.8% | ||
| Q2 25 | 19.1% | 6.5% | ||
| Q1 25 | 19.1% | 6.1% | ||
| Q4 24 | 19.6% | 9.0% | ||
| Q3 24 | 18.6% | 6.2% | ||
| Q2 24 | 19.2% | 5.8% | ||
| Q1 24 | 17.9% | 4.0% |
营业利润率APTVSEB
| Q4 25 | 8.2% | 2.7% | ||
| Q3 25 | -3.4% | 3.3% | ||
| Q2 25 | 9.3% | 2.1% | ||
| Q1 25 | 9.3% | 1.6% | ||
| Q4 24 | 9.8% | 4.6% | ||
| Q3 24 | 10.4% | 1.4% | ||
| Q2 24 | 8.7% | 1.4% | ||
| Q1 24 | 8.5% | -0.9% |
净利率APTVSEB
| Q4 25 | 2.7% | 10.6% | ||
| Q3 25 | -6.8% | 4.3% | ||
| Q2 25 | 7.5% | 4.2% | ||
| Q1 25 | -0.2% | 1.4% | ||
| Q4 24 | 5.5% | 6.3% | ||
| Q3 24 | 7.5% | -6.7% | ||
| Q2 24 | 18.6% | 2.8% | ||
| Q1 24 | 4.4% | 1.0% |
每股收益（稀释后）APTVSEB
| Q4 25 | $0.63 | $262.58 | ||
| Q3 25 | $-1.63 | $113.71 | ||
| Q2 25 | $1.80 | $105.22 | ||
| Q1 25 | $-0.05 | $32.95 | ||
| Q4 24 | $1.22 | $158.58 | ||
| Q3 24 | $1.48 | $-153.44 | ||
| Q2 24 | $3.47 | $62.82 | ||
| Q1 24 | $0.79 | $22.66 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.9B | $1.2B |
| 总债务越低越好 | $7.5B | — |
| 股东权益账面价值 | $9.2B | $5.2B |
| 总资产 | $23.4B | $8.2B |
| 负债/权益比越低杠杆越低 | 0.81× | — |
8季度趋势，按日历期对齐
现金及短期投资APTVSEB
| Q4 25 | $1.9B | $1.2B | ||
| Q3 25 | $1.6B | $1.2B | ||
| Q2 25 | $1.4B | $1.1B | ||
| Q1 25 | $1.1B | $1.1B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.8B | $1.2B | ||
| Q2 24 | $2.2B | $1.2B | ||
| Q1 24 | $941.0M | $1.2B |
总债务APTVSEB
| Q4 25 | $7.5B | — | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $7.8B | — | ||
| Q3 24 | $8.3B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $4.7B | — |
股东权益APTVSEB
| Q4 25 | $9.2B | $5.2B | ||
| Q3 25 | $9.3B | $5.0B | ||
| Q2 25 | $9.7B | $4.8B | ||
| Q1 25 | $9.0B | $4.7B | ||
| Q4 24 | $8.8B | $4.7B | ||
| Q3 24 | $8.9B | $4.5B | ||
| Q2 24 | $11.5B | $4.7B | ||
| Q1 24 | $11.1B | $4.6B |
总资产APTVSEB
| Q4 25 | $23.4B | $8.2B | ||
| Q3 25 | $23.5B | $8.0B | ||
| Q2 25 | $23.9B | $7.9B | ||
| Q1 25 | $23.1B | $7.6B | ||
| Q4 24 | $23.5B | $7.7B | ||
| Q3 24 | $24.8B | $7.5B | ||
| Q2 24 | $24.8B | $7.7B | ||
| Q1 24 | $23.6B | $7.6B |
负债/权益比APTVSEB
| Q4 25 | 0.81× | — | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.89× | — | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 0.48× | — | ||
| Q1 24 | 0.42× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $818.0M | $188.0M |
| 自由现金流经营现金流 - 资本支出 | $651.0M | $53.0M |
| 自由现金流率自由现金流/营收 | 12.6% | 2.2% |
| 资本支出强度资本支出/营收 | 3.2% | 5.6% |
| 现金转化率经营现金流/净利润 | 5.93× | 0.74× |
| 过去12个月自由现金流最近4个季度 | $1.5B | $6.0M |
8季度趋势，按日历期对齐
经营现金流APTVSEB
| Q4 25 | $818.0M | $188.0M | ||
| Q3 25 | $584.0M | $319.0M | ||
| Q2 25 | $510.0M | $81.0M | ||
| Q1 25 | $273.0M | $-20.0M | ||
| Q4 24 | $1.1B | $300.0M | ||
| Q3 24 | $499.0M | $194.0M | ||
| Q2 24 | $643.0M | $6.0M | ||
| Q1 24 | $244.0M | $19.0M |
自由现金流APTVSEB
| Q4 25 | $651.0M | $53.0M | ||
| Q3 25 | $441.0M | $152.0M | ||
| Q2 25 | $361.0M | $-70.0M | ||
| Q1 25 | $76.0M | $-129.0M | ||
| Q4 24 | $894.0M | $162.0M | ||
| Q3 24 | $326.0M | $58.0M | ||
| Q2 24 | $417.0M | $-127.0M | ||
| Q1 24 | $-21.0M | $-85.0M |
自由现金流率APTVSEB
| Q4 25 | 12.6% | 2.2% | ||
| Q3 25 | 8.5% | 6.0% | ||
| Q2 25 | 6.9% | -2.8% | ||
| Q1 25 | 1.6% | -5.6% | ||
| Q4 24 | 18.2% | 6.5% | ||
| Q3 24 | 6.7% | 2.6% | ||
| Q2 24 | 8.3% | -5.7% | ||
| Q1 24 | -0.4% | -3.9% |
资本支出强度APTVSEB
| Q4 25 | 3.2% | 5.6% | ||
| Q3 25 | 2.7% | 6.6% | ||
| Q2 25 | 2.9% | 6.1% | ||
| Q1 25 | 4.1% | 4.7% | ||
| Q4 24 | 3.4% | 5.6% | ||
| Q3 24 | 3.6% | 6.1% | ||
| Q2 24 | 4.5% | 6.0% | ||
| Q1 24 | 5.4% | 4.7% |
现金转化率APTVSEB
| Q4 25 | 5.93× | 0.74× | ||
| Q3 25 | — | 2.90× | ||
| Q2 25 | 1.30× | 0.78× | ||
| Q1 25 | — | -0.63× | ||
| Q4 24 | 3.96× | 1.92× | ||
| Q3 24 | 1.37× | — | ||
| Q2 24 | 0.69× | 0.10× | ||
| Q1 24 | 1.12× | 0.86× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
APTV
| Electrical Distribution Systems | $2.3B | 45% |
| Engineered Components Group | $1.4B | 28% |
| Active Safety | $716.0M | 14% |
| User Experience And Other | $564.0M | 11% |
| Smart Vehicle Compute And Software | $154.0M | 3% |
SEB
| Commodity Trading And Milling | $1.3B | 52% |
| Pork Segment | $469.0M | 19% |
| Marine | $444.0M | 18% |
| Other | $108.0M | 4% |
| Energy Service | $56.0M | 2% |
| Product And Service Other Services | $15.0M | 1% |
| Transportation | $6.0M | 0% |
